Schedule D Report Totals

jl747 · February 19

Shouldn't the Schedule D Capital Gains/Loss report Totals be the same?
It is deducting the Loss twice.

How do I fix this within Quicken if possible or is it a bug?

Sale of some Mutual Funds

Thanks for any suggestion.

Jim_Harman · February 19

Check your transaction list. Maybe the loss was recorded twice, once when the security was sold and again as a distribution.

q_lurker · February 19

What version of Quicken? My old R48.8 does not include the _RlzdGain line under Cap Gain Distributions. Don't know why you are seeing that line there. Appears to me your OVERALL TOTAL should be the $13,915.48 value and the Cap Gain Distribution total value should be the $15,636.28.

jl747 · February 19

@Jim_Harman

Single transaction.

@q_lurker

My Quicken version R54.16

Would using Specific Lots make this happen. (Original sale)

Because I just sold the balance and I am seeing this also in this years report.

q_lurker · February 19

Would using Specific Lots make this happen. (Original sale)

Shouldn’t, as far as I know.

Would fall into the bug category (seems to me) if anyone else can confirm it.

jl747 · February 19

@q_lurker

I agree.
Lets see if anyone else can confirm this problem.

Thanks

Jim_Harman · February 19

One thing you could try would be to delete and re-enter the transaction.

Chris_QPW · February 19

https://community.quicken.com/discussion/comment/20418673#Comment_20418673

And for troubleshooting you could also use FIFO to see if that is what is different.

I did look at mine and it doesn't have this problem, but I'm using FIFO.

Ps56k2 · February 19

weird - I'm not even showing the Realized Gain line item - and there are stocks & mutual funds - buy/sell -

jl747 · February 19

Well tried re-entering them as FIFO and no change.

Tax Planner shows Cap Gains/Loss total of $13,915.48.

Chris_QPW · February 19

Then I would try Validate & Repair and doing Ctrl+Z in the account.

jl747 · February 19

@Chris_QPW

Tried Validate, Super Validate and Ctrl+Z no change.

q_lurker · February 19

Access your category list (Ctrl-Shift-C) and include hidden categories. For the _RlzdGain category, what is the associated tax line? It should be blank.

jl747 · February 19

@q_lurker

Shows Schedule D.

Can not be edited. Merge and Hide only option.

Chris_QPW · February 19

https://community.quicken.com/discussion/comment/20418725#Comment_20418725

Hold Ctrl+Shift and right click on the category → Edit. Mine is like what @q_lurker suggested.

jl747 · February 20

@Chris_QPW

Thanks that worked.
Did not know that you could do that.

Learned something new.

Thanks to all.

mshiggins · February 20

Curious, how did _RlzdGain category get a tax line associated?

jl747 · February 20

@mshiggins

If you are asking me I have no idea.

q_lurker · February 20

Curious, how did _RlzdGain category get a tax line associated?

Not pointing a finger @jl747 but I believe some users have (inappropriately) forced that assignment in order to have some reports or planner actions to come out the way they want.

Schedule D Report Totals

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